Chicago, IL Renovation & Remodeling Costs, Contractors & Guides

Gavop's guide to renovation and remodeling costs covers median expenditures by source of fund, household income, age group and race. It also compares professional vs do-it-yourself costs and offers the list of top contractors and home improvement lenders in Chicago, IL.

Compare Cost Estimates from Multiple Contractors & Save Big!

Professional Vs Do it Yourself Renovation & Remodeling Costs in Chicago, IL | Back to Top

Professional Cost (dollars) Do -It-YourSelf Cost (dollars)
National 2,000 600
Chicago 2,100 600

Renovation & Remodeling Costs in Chicago, IL by Race | Back to Top

Whites Alone (dollars) Blacks Alone (dollars) American Indian or Alaska native alone (dollars) Pacific Islander Alone (dollars) Asian Alone (dollars) Two or More Races (dollars)
National 1,400 1,000 800 800 2,000 1,000
Chicago 1,500 1,200 845 300 1,800 1,200

Renovation & Remodeling Costs in Chicago, IL by Source of Funds | Back to Top

Cash from savings (dollars) Cash from refinancing home (dollars) Home equity loan (dollars) Homeowners insurance settlement (dollars) Credit card or retail store charge card (dollars) Contractor arranged financing (dollars) Something else (dollars)
National 1,100 3,500 4,200 5,000 1,100 4,500 1,900
Chicago 1,200 3,000 4,000 7,000 1,950 3,500 1,900

Renovation & Remodeling Costs in Chicago, IL by Household Income | Back to Top

Renovation Cost for Income level <$29,999 Renovation Cost for Income level <$30,000 to $59,999 Renovation Cost for Income level <$60,000 to $99,999 Renotovation Cost for Income level >$100,000
National 1,000 1,000 1,200 1,950
Chicago 1,200 1,200 1,100 2,000

Renovation & Remodeling Costs in Chicago, IL by Age Category | Back to Top

Under 25 years old (dollars) 25 to 29 years old (dollars) 30 to 34 years old (dollars) 35 to 44 years old (dollars) 45 to 54 years old (dollars) 55 to 64 years old (dollars) 65 to 74 years old (dollars) 75 years old and over (dollars)
National 600 810 1,000 1,100 1,300 1,500 1,800 1,400
Chicago 1,100 1,300 1,200 1,200 1,200 1,600 2,000 1,500

Top Home Improvement Lenders in Chicago, IL | Back to Top

2017
Company Name Total Loan Originations Total Loan Approval Rate in (%) Average Loan Amount in (dollars)
PNC BANK, NATIONAL ASSOCIATION 560 37.97 1,645
FIRST MIDWEST BANK 460 28.89 937
U.S. BANK NATIONAL ASSOCIATION 460 34.33 2,098
Draper and Kramer Mortgage Corp 425 80.65 2,225
TCF NATIONAL BANK 350 37.96 296
SUNTRUST BANK 301 35.79 37
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 301 57.01 13,735
WELLS FARGO BANK, NATIONAL ASSOCIATION 279 25.81 6,626
BMO HARRIS BANK NATIONAL ASSOCIATION 219 43.28 2,632
Credit Union 1 191 36.24 161

Note: All costs are median expenditures